4.2 Pre-contract Stage Contractor’s Tendering Procedure • Agreement to tender • Decision to tender • Examination of tender documents • Estimating process timetable • Enquires of quotations • Method statement and tender programme • Site visit • Outstanding information resolved with consultants • Pricing process • Adjudication • Submission of tender *In pricing process: • All-in-rates for trade items or BQ • Domestic sub-contractors and suppliers • Nominated sub-contractors and
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ethical theories discussed in chapter 2 of Ethics for the information age‚ I would choose Social contract theory. While there is no single framework that I absolutely and wholeheartedly agree with‚ I believe integrating Social Contract theory for making my ethical decision making would yield the best interaction with society. I personally view general society as a united organism‚ and since Social Contract theory has a primary focus on stable and balanced societal attributes‚ universal use of that framework
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Rousseau’s The Social Contract Jean-Jacques Rousseau’s The Social Contract‚ or Principles of Political Right (1762) is an analysis of the contractual relationships which may be necessary for legitimate government‚ and is an explanation of how these relationships may combine principles of justice and utility. Rousseau argues that civil society is based on a contractual arrangement of rights and duties which applies equally to all people‚ whereby natural liberty is exchanged for civil liberty‚ and
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Executive Summary There are different types of contracts bilateral‚ unilateral‚ expressed and implied-in-fact. What are the four elements of a valid contract? These elements required for a valid contract consists of; a meeting of the minds between the parties‚ consideration‚ an agreement to enter into the contract and legal competence of each party. (Allbusiness.com‚ 2007) A meeting of the minds between the parties is where both parties agree on what is being sold‚ purchased or traded. Consideration
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Privity of Contract LGST101 Business Law Professor George Shenoy Group Members: Ue Mu En‚ Esther Goh Yue Lin‚ Sylvia Fong Li Chu Sabina Sun Chao Ng Shi Ya 1 Content Page 1. Case Summary 2. Can Brad sue Jennifer? 2.1 2.2 2.3 2.4 Validity of Contract Breach of Contract Brad cannot sue Jennifer Brad can sue Jennifer 3. Can Angelina sue Jennifer? 3.1 3.2 Angelina cannot sue Jennifer Angelina can sue Jennifer 3.2.1 3.2.2 3.2.3 Contract (Rights of
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agreement can be objectively established where there is mutual assent.6 In Masters v Cameron‚7 it was noted that‚ ‘the case may be one in which the intention of the parties is not to make a concluded bargain at all‚ unless and until they execute a formal contract’. Such intention can be
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Social Contract Theory AJS/532 June 16‚ 2014 Christina Payne Social Contract Theory This essay will give an evaluation on the social contract theory of John Locke and how these values identify with the consistency of the criminal justice system and private settings. This essay will discuss whether or not the values and principles will apply to both venues. This essay will also include a summary of the major differences of the social contract theories. This essay will provide a discussion
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the futures market hedges to prevent a loss in a business transaction‚ but also gives up: a. A sizable fee to the exchange b. The loss on the futures contract c. The opportunity to gain from a favorable turn in prices of the item d. The potential gain on the futures contract. 4. All the following are risks associated with futures contracts except: not good question a. Margin risk b. Basis risk c. Price risk d. Manipulation risk 5. What action would the holder of a maturing (expiring)
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for entire order totaling $2‚500. By this time‚ Wally has decided he does not want to purchase the fake Rolexes. He contacts Randy explain the situation wanting to return the watches and reimburse Randy for shipping costs. Randy in turn sues to enforce the original contract. Issue: The issue is whether the Illinois UCC Statute of Frauds deems contract unenforceable because it was never reduced to writing. Law: Under UCC §2-201 (3a)‚ “A contract that does not satisfy the requirements of subsection
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Contract Law Cases The Offer Meeting of minds: Clarke v Earl of Dunraven and Mount Earl: Yacht races. Letters sent in Communication (in writing‚ speech and conduct): Carlil v Carbolic Smoke Ball Co: pay back 100 if you get influenza. Deposit 1000 The Acceptance: Strictly in response to
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